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XETRA · UCITS ETF

Invest in LYXI ETF from India

Indian and foreign residents can buy Amundi MSCI Indonesia UCITS ETF (LYXI) units directly through Paasa.

By Paasa · Updated

LYXI at a glance

Price
€67.56-€0.18 (0.27%)
Expense ratio
0.45%
Day range
€67.54 – €68.60
Assets
€150.6M
Domicile
Luxembourg
Holdings
—
Launched
2019
Dividends
Accumulating
1 month
-5.91%
6 months
-23.64%
YTD
-38.22%
1 year
-35.82%
5 years
-39.07%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1APPLE INC9.1%
  2. 2JOHNSON & JOHNSON9.0%
  3. 3NIKE INC -CL B8.9%
  4. 4MICROSOFT CORP7.8%
  5. 5REGIONS FINANCIAL CORP4.5%
  6. 6BLACKROCK INC4.5%
  7. 7PROCTER & GAMBLE CO/THE4.5%
  8. 8NETFLIX INC USD4.4%
  9. 9NVIDIA CORP4.4%
  10. 10ALPHABET INC CL A4.4%

These 10 are 61.6% of the fund.

Where the money is invested

Sectors

  • Technology26.7%
  • Consumer Cyclical17.9%
  • Healthcare15.2%
  • Financial Services13.7%
  • Communication Services8.9%
  • Consumer Defensive6.5%

Countries

  • United States100.0%

Similar funds

FundExpense ratioAssets
EIDOAMEXiShares MSCI Indonesia ETF0.59%430.7M
HIDDLSEHSBC MSCI Indonesia UCITS ETF0.5%231.7M

Assets are shown in each fund's own reporting currency.

How to invest in LYXI from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.

  3. Step 3

    Search LYXI and buy

    Find the fund by its ticker, LYXI, on XETRA, and place your order.

Why invest in LYXI from India

What LYXI holds

The Amundi MSCI Indonesia UCITS ETF - Acc is a UCITS-regulated investment product designed to closely mirror the performance of its reference index, the MSCI Indonesia Net Total Return. This index offers broad and comprehensive exposure to the Indonesian market.

Outside US estate tax

LYXI is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

Dividends reinvested for you

Dividends from LYXI's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Why LYXI's UCITS structure matters for Indian investors

LYXI is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

Capital gains are taxed in India the same way as on a US-listed ETF.

See UCITS options

Frequently asked questions

Can I buy LYXI from India?

Yes. Indian residents can buy Amundi MSCI Indonesia UCITS ETF (LYXI) through Paasa. It is listed on XETRA and trades in EUR. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.

What does LYXI invest in?

Its largest holdings are APPLE INC (9.1%), JOHNSON & JOHNSON (9.0%) and NIKE INC -CL B (8.9%). Technology is its largest sector at 26.7%. It is an accumulating fund domiciled in Luxembourg.

What is the expense ratio of LYXI?

Amundi MSCI Indonesia UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about €150.6M.

Is LYXI a UCITS ETF, and why does that matter for Indian investors?

Yes. Amundi MSCI Indonesia UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.

Does LYXI pay dividends?

No. Amundi MSCI Indonesia UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

What tax do I pay in India when I sell LYXI?

In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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